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President Obama blasted BP officials today for sponsoring a $50 million television ad campaign to "manage their image" as they try to stop the oil gusher that is polluting the Gulf of Mexico and threatening the livelihoods of coastal residents.

"They've got moral and legal obligations here in the Gulf for the damage that has been done," Obama said, also noting that BP just paid out quarterly dividends of $10.5 billion. "That's billion, with a b," he added.

"What I don't want to hear is, when they're spending that kind of money on their shareholders and spending that kind of money on TV advertising, that they're nickel-and-diming fishermen or small businesses here in the Gulf who are having a hard time," the president said.

Yes I agree, first time I agree with President Obama about an issue that I do care ...

The Obama administration has just announced a major shift in its handling of BP and the disaster in the Gulf of Mexico.

For six weeks the Obama administration just said NO to the growing nationwide chorus of public opinion demanding that the government seize BP’s assets in an amount commensurate with the damage caused by their criminal negligence, and that the funds be placed into a trust that could quickly and easily pay for damages and compensation now and into the future as more damages accrue.

Directly on the heels of Seize BP's demonstrations taking place in more than 50 cities -- with more demonstrations occurring every day -- officials from the administration are now announcing a "new" approach to BP: President Obama has given BP an ultimatum to create an escrow fund administered by an independent body for the payment of claims and damages or the White House will invoke its legal authority to create such an escrow account from BP’s assets. He plans to address the country in a nationwide television address Tuesday night and meet with BP executives at the White House on Wednesday.

But what is the reality undergirding the Obama administration's announcement? It may appear that the administration is now close to the demand of seizure of assets for an escrow account unless BP commits to the establishment of such an escrow account on its own accord. There are several key factors:

The administration's 55 days of coddling BP has become unsustainable from a political and public relations standpoint. The government has revealed itself as a subservient appendage to corporate interests. Now they are going out of their way to present a different image.
In recent days, Florida and Louisiana have both made demands on BP that funds be escrowed as a down payment to cover initial damages, totaling $7.5 billion. BP says that it only has $6.8 billion in cash and cash equivalents available. BP itself is reassuring its investors that the damages in the Gulf that BP will have to pay will not exceed $3 billion to $6 billion. It needs to be understood that it is not a lowball estimate of the scope of the damage but a statement of intent, of just how little BP intends to pay. BP is reported to have called its large U.S. stockholders -- J.P. Morgan Chase controls deposits and services for 30 percent of BP's U.S. stock -- to pressure the administration. The administration’s plan for an escrow account may be seen like a get-tough-against-BP policy but still be designed to further protect BP. The telltale indicator will be the amount of BP assets set aside for the escrow fund.
The anger of the people is spreading around the country especially as estimates of the amount of oil gushing into the Gulf are growing exponentially. To be more precise, what is changing is the weakening of the corporate and political cover-up of actual spill volume. Substantial amounts of oil being funneled to the surface by BP from its new cap are not being processed by BP's on-site tanker because it lacks capacity, so the oil is being dumped back into the Gulf. BP says it can't get more tankers to the area until July. The relief well planned for August may not even work then.
At the same time, President Obama held what was reported as a "warm and constructive" phone call with the British Prime Minister David Cameron on Saturday in which he recognized that BP "is a multinational company" and reassured Cameron that he did not want to undermine BP's value. Obama had been hoping that BP would suspend its upcoming shareholder dividend (estimated at more than $10 billion annually), but BP has vacillated publicly on whether it intends to do so. The administration is worried that BP might not do enough to placate the public and that the dire necessity of the situation, as evidenced by Louisiana's and Florida's independent demands, will overtake the administration's attempts to appear in control of the problem.
Seize BP’s position on the Obama administration’s New Approach Toward BP’s Assets

While it is clear that the Obama administration has undertaken what appears to be a dramatic shift in its handling of one part of the crisis, there are two central issues that will indicate whether it is just another sham public relations offensive or something that will make a real difference for the suffering people and communities in the Gulf states: (1) The size or amount of the escrow fund taken from BP’s assets (the real costs are likely to be in the tens of billions of dollars) and (2) that the “real people” of the affected communities, and not corporate and banking representatives or Wall Street lawyers, be selected to be the trustees of the fund.

Seize BP, since it inaugurated the demand to create a trust from seized BP assets, has demanded “that a trust established with the funds seized from BP should be administered by the people from the harmed area. The trustees should include representatives of the fishers, shrimpers, crabbers, unions, small business people and workers in the tourism and recreation industry, local elected officials, clergy, and independent scientists and environmentalists."

Seize BP will continue to organize demonstrations, rallies, press conferences and banner drops, collect tens of thousands more petitions, and engage in the kind of mass grassroots organizing that can, as it already has, shift the political climate in a way no politician can ignore.

Happy Independence Day July 4th
To predict and control the future please join this Page for exchange of ideas In Search of Real Change for Better World in all fields …

http://www.facebook.com/pages/In-Search-of-Real-Change-for-Better-Future-at-Strategic-Inflection-Point/123895734320828?ref=ts
If you are part of over 70% of American people distrustful of politicians, dissatisfied with the way things are going in USA….
If you are looking for Real Change solution and you wish to share your idea …
If you are puzzled and asking why the biggest man made disaster in USA history happened by the BP Oil Spill.
If you are getting ready for fundamental real change and reform beyond current 2 major political parties in 2010 November election.
In the current Dark Night Era the fundamental questions might be as follows:
- What are the critical Real Change list for Better World?
- What is the optimal way for clean Alternative Energy policy (Hydrogen, Solar, Wind ..) ?
- Is the BP mother of all troubles and biggest man made disaster?
- Can one person or group of experts or an orator know all answers to many complex problems or not?
- Are we in Dark Night Era or Sun Rise Era?
- What are the top issue list at local or global level for real change?
- Has the elected officials from both major US Parties in control of government acted against spirit of American Founding Fathers vision in past 30 years when they have allowed BP to drill in USA coast deep sea without monitoring, control and required safety tools to stop oil spill disaster within 24 hours after major natural or man made disaster?
- Is the BP Oil Spill against American People National Interests?
- Are we going to see regime change in Iran by Iranian youth soon?
- Are we expecting real change and major reforms in USA soon?
- Are we going to see new war between Islamist thugs regime in Iran and USA forces in Persian Gulf to avoid real change or will war create real change?
- Other questions that we might have answer ….

Posted: Sat Jul 31, 2010 10:54 am Post subject: really five companies that control 90 percent of what we re

Toofaan wrote:

It's been a long time since I posted anything under this topic while there is a lot more to talk about in same subject. It is true that by now most people are familiar with this argument that oil has had a lot to do with the troubles that we had in our country but finding accurate historical information has always been so hard about related events that in many cases, has been mixed with a lot of misinformation which has been fed to public and even researchers to hide the truth.

"The Prize" by Daniel Yergin is one of the very rare books in which the author has been able to provide a lot of good information on the subject with great deal of details but it is definitely not far from deficiency in some areas which author has settled with publically available information but, overall conclusion about the issue in general which is mostly about behavior of theose behind the "Oil Empire" is accurate in my view and based on presented evidence.

As far as Daniel Yergin, there is enough material on the web for anyone who is interested to find out about him but this little peice of info on wicki can provide a brief insight to knowing him and his background and credentials. The book, is full of historical pictures and evidences which have not been seen in any other place and the author, through out his reseach, has been able to interview many of the people who were involved in the field, to gather his information in preparation of this and other books. And these have added a lot to the value of "The Prize" to make it an extremely valuable book on the subject.

Fortunately, I recently (a few moths ago) found out that an American public TV broadcast system has produced a great documentary based on this book which is about 8 hours in total and has been put on the web in 8 different segments. This documentary is also full of historical clips, photos and materials and although does not reflect all the details in the book but it covers most of it enough to understand the all major points. I post part one of this video to conclude this topic here. The rest is available from the link bellow.

- Possible Goal of "We the People" NEW VISION: Oil, Energy, Safety Engineering, Environmental & Space BRANCH Organizations Description: Addition of New Dimension To 3 Branches of Government is considered as Real Change.
When over 70% of American people ( or any group of people in any country) are angry, distrustful of the federal government (or any modern democratic government), dissatisfied with the way things are going in the country (e.g. BP Oil Spill) then the country has entered Critical Inflection Point and ready for fundamental real change.
Recommending and Promoting Separation of Oil /Energy and State as a new Amendment to the United States Constitution which is similar to
Separation of Church and State is creating "wall of separation" by Thomas Jefferson as the First Amendment to the United States Constitution
Please join this group and share your idea to enhance this new concept.
http://www.facebook.com/group.php?gid=100283240023528&v=info&ref=tsWatch video clip Separation of Oil and State: The 28th Amendment :http://www.youtube.com/watch?v=Z4g29gS2KUo

- Possible peaceful actions for increasing public awareness by "we the People"
Boycott BP ... Sharing valid Research and News ...
Taking good POLL by asking politically incorrect questions like the following as below..
OPINION POLL Page: Are you satisfied with RESPONSE to BP Oil Spill the biggest man made disaster by Elected Officials, Justice Department and over 1,400,000 American Lawyers, Litigators, Arbitrators, Mediators, Prosecutors and Judges?
No
http://www.facebook.com/pages/Are-you-satisfied-with-RESPONSE-to-the-BP-Oil-Spill...-No/100139936710541?ref=mf